UK Crypto-Focused Parliament Group Calls on New PM Sunak to Clarify Crypto Policies

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UK Crypto-Focused Parliament Group Calls on New PM Sunak to Clarify Crypto Policies
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A crypto-focused Parliament group in the U.K. led by MP Lisa Cameron is calling on new Prime Minister Rishi Sunak to provide clarity on the government’s commitments to the crypto sector. By LedesmaLyllah

On Tuesday, the House of Commons, the lower house of the U.K. Parliament,Cameron said in a written statement issued to the media on Tuesday that “U.K. crypto and digital asset firms desperately need clarity over the U.K.’s approach to crypto policy and for the government to deliver on its vision for the U.K. crypto sector.”

The MP said that crypto businesses want regulation that provides regulatory clarity and business certainty. “We need a proportionate approach to regulation that balances risk, ensures high levels of consumer protection and that doesn't hamper growth and innovation in the sector,” Cameron argued. APPG provides a forum for parliamentarians, regulators and the British government to discuss challenges and opportunities relating to the crypto sector,

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